FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * HILL C T   2. Issuer Name and Ticker or Trading Symbol SUNTRUST BANKS INC [STI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Corp. Executive Vice President (Last) (First) (Middle) 919 EAST MAIN STREET 3. Date of Earliest Transaction (Month/Day/Year) 04/05/2011 (Street) RICHMOND, VA 23219 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock               37,459 D   Common Stock               20,706.4341 D (1)   Common Stock               49,770 D (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Phantom Stock Units (3)

(3)

(3)

(3)

Common Stock

2,314.2995

2,314.2995

D

Phantom Stock Units (4)

(4)

(4)

(4)

Common Stock

460.8959

460.8959

D

Phantom Stock Units (5)

(5)

(5)

(5)

Common Stock

10,830.5955

10,830.5955

D

Phantom Stock Units (6)

(6)

04/05/2011

M

4,590.7118

(6)

(6)

Common Stock

4,590.7118

(6)

0

D

Option (7)

$ 64.57

11/13/2004

11/13/2011

Common Stock

15,000

15,000

D

Option (7)

$ 54.28

02/11/2006

02/11/2013

Common Stock

15,000

15,000

D

Option (7)

$ 73.19

02/10/2007

02/10/2014

Common Stock

18,000

18,000

D

Option (8)

$ 73.14

02/08/2008

02/08/2015

Common Stock

18,000

18,000

D

Option (8)

$ 71.03

02/14/2009

02/08/2016

Common Stock

20,000

20,000

D

Option (8)

$ 85.06

02/13/2010

02/13/2017

Common Stock

19,000

19,000

D

Option (8)

$ 64.58

02/12/2011

02/12/2018

Common Stock

34,500

34,500

D

Option (8)

$ 29.54

12/31/2011

12/31/2018

Common Stock

50,000

50,000

D

Option (8)

$ 9.06

02/10/2012

02/12/2019

Common Stock

186,128

186,128

D

Option (9)

$ 29.2

04/01/2012

04/01/2021

Common Stock

18,882

18,882

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HILL C T 919 EAST MAIN STREET RICHMOND, VA 23219			Corp. Executive Vice President

Signatures

David A. Wisniewski, Attorney-in-Fact for C.T. Hill		04/07/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.
(2)	Restricted stock held under SunTrust Banks, Inc. 2004 Stock Plan and the 2009 Stock Plan. Subject to certain vesting conditions. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. All plans are exempt under Rule 16(b)-3. Includes 5,000 shares which vest on 10/31/2011 and 25,400 shares which vest on 02/10/2012 and 19,370 shares which vest on 12/16/2012.
(3)	The reported phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These phantom stock units convert to common stock on a one-for-one basis.
(4)	The reported phantom stock units were acquired under Crestar Bank's ANEX plan. These securities convert to common stock on a one-for-one basis.
(5)	Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. Reflects settlement of one-half in cash on March 31, 2011. Remainder will be settled on March 31, 2012, unless settled earlier due to the executive's death.
(6)	Reflects cash settlement of salary shares on April 5, 2011 based on closing stock price on the date of TARP repayment, March 30, 2011.
(7)	Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.
(8)	Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.
(9)	Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. Award vests annually over three years.

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